If you die without life insurance, there are bills that will need to be paid from some source of funds. Funeral, cemetery, credit cards, and other debt will need to be settled. Mortgage or rent payments, utilities, child care - whatever your income contributed to before death - will go on for your spouse and/or dependents.

You may have savings or investments now, but the question is, will they be there if there was a lengthy illness prior to death, or if other expenses had chipped away at those funds?

Life insurance is sure to be there, because life insurance does not pay out until death. When you die without life insurance, you are counting on things to work out as you planned. But, unfortunately, you won't be around to fix them if they don't.